London Arbitration 17/16

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TIME CHARTER/ SUB-CHARTER – CARGO SHORTAGE AND CARGO DAMAGE – CLAIM SETTLED BETWEEN REGISTERED OWNER AND RECEIVER – DISPONENT OWNER DISPUTES COST ALLOCATION – WHETHER COSTS TO BE APPORTIONED WITH CHARTERER A vessel was time chartered by a registered owner to a disponent owner, and then subsequently spot chartered to a sub-charterer to transport sugar. After the voyage, it was discovered that there was a cargo shortage and damaged and lost cargo. After the registered owner concluded a settlement with the receivers for damages, the registered owner attempted to collect the same amount from the disponent owner with an apportionment of the costs subsequently coming into question.
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